GraniteShares 2x Long MARA Daily ETF (MRAL) — Stock Correlations & Overview
Over the past year, MRAL has moved most closely with MARA, MARO, DAPP. Explore the stocks most correlated and inversely correlated with MRAL below, along with its price, financials, and company profile.
Stocks correlated with MRAL
Correlation of daily returns. Higher positive values move with MRAL; negative values move opposite it. Informational only, not investment advice.
Most correlated with MRAL
| Symbol | Company | Correlation |
|---|---|---|
| MARA | MARA Holdings, Inc. Common StockFINANCE SERVICES | 1.00 |
| MARO | YieldMax MARA Option Income Strategy ETF | 0.96 |
| DAPP | VanEck Digital Transformation ETF | 0.84 |
| CLSX | Tradr 2X Long CLSK Daily ETF | 0.84 |
| CLSK | CLEANSPARK INCFINANCE SERVICES | 0.84 |
Most inversely correlated with MRAL
| Symbol | Company | Correlation |
|---|---|---|
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | -0.66 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.66 |
| BITI | ProShares Short Bitcoin ETF | -0.64 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.64 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.62 |
Frequently asked questions about MRAL correlations
- Which stocks are most correlated with MRAL?
- Based on one year of daily returns, the stocks most correlated with GraniteShares 2x Long MARA Daily ETF (MRAL) are MARA (1.00), MARO (0.96) and DAPP (0.84). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with MRAL?
- Over the past year, the stocks most inversely correlated with GraniteShares 2x Long MARA Daily ETF (MRAL) are BTCZ (-0.66), SBIT (-0.66) and BITI (-0.64). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these MRAL correlations calculated?
- We compute the correlation of daily returns between MRAL and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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